Which of the following is a difference between salaries and wages?
A) Performance is the basis for wages, whereas time is the basis for salaries.
B) Wages are paid to permanent employees, whereas salaries are paid to temporary employees.
C) Wages are paid to managerial employees within a firm, whereas salaries are paid to operational and lower-level employees within a firm.
D) Waged employees are eligible for the overtime provisions of the Fair Labor Standards Act, whereas salaried employees are not.
Correct Answer:
Verified
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